Greggs Bakers Warns National Living Wage Could Mean More Expensive Pasties

Greggs bakery warned that they might have to increase the prices of its pasties and sausage rolls due to the new living wage.

The popular chain has 1,668 outlets across the UK. It said that, although there are no current plans to hike up prices, the new wage could have an impact on how much the business charges customers in the future.

Roger Whiteside, chief executive of Greggs, said: "Wage rises will increase inflationary pressure in the business. It is not our intention to raise prices. But ultimately we will see how the market goes," The Press Association reports.

The news comes as the company announced a better-than-expected 4.9% rise in like-for-like sales in the 13 weeks to October 3.

The business has opened 65 new shops so far this year and closed 47 as it trims its high street presence and opts to expand in motorway services and garage forecourts.